If youโre a homeowner in Warrington thinking of selling your property, you have probably wondered how long it will take to find a buyer.
The timeline for selling a home varies depending on factors such as property type, price, and market conditions. Fortunately, weโve compiled the latest statistics for 445 Warrington homes that have sold stc in the last 3 months, split down by type (detached houses, semi-detached homes, terraced houses, and flats) to give you a clear picture.
- Of the 51 Warrington detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 105 days (median time 63 days).
- Of the 189 Warrington semi-detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 92 days (median time 60 days).
- Of the 129 Warrington terraced/town houses sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 86 days (median time 43 days).
- Of the 52 Warrington flats/apartments sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 194 days (median time 102 days).
NBโsome of you will notice all the numbers donโt add up to the total number in the second paragraph. This is because there are certain types of property that fall outside the four main types, including mobile homes, land, building plots etc.
(Warrington being Warrington town centre plus 2 miles).
These figures show the average number of days a property in Warrington takes to go under offer. However, selling a home doesn’t stop there. The entire processโfrom listing your property to completing the saleโcan stretch over many months due to legal procedures and other factors.
It currently takes, on average, 123 days from agreeing to sell to completing a Warrington property
(interesting when compared to the national average of 119 days)
While the statistics provide an overview of the home buying and selling timeline, it’s essential to delve deeper into why homes may sell faster or slower in Warrington. Below, I explore these factors to help you maximise your chances of successfully selling your Warrington home.
Why Does It Take Longer to Sell Some Warrington Properties?
Selling a home in Warrington involves more than simply placing it on the market and waiting for offers.
A variety of challenges can affect how quickly your Warrington property sells. Here are the most common reasons homes might linger on the market longer than expected.
1. Setting the Right Asking Price for Your Warrington Home
The biggest factor in selling a home is pricing it correctly. Overpricing will deter buyers, as your home may not appear in their search results, appear out of kilter with similar properties for sale, or may not align with their expectations.
Remember, over the past 24 months, only 60.1% of Warrington homes listed for sale successfully sold, resulting in a move. The remaining 39.9% were withdrawn from the market without a sale.
The solution? Work with a knowledgeable estate agent who understands the local Warrington market. Research what similar homes in Warrington have sold for and seek valuations from multiple agents to ensure your pricing is competitive.
2. Estate Agent Performance
The choice of your estate agent plays a pivotal role in how fast your home sells (and even if it sells at all). Some agents excel at marketing properties and maintaining active communication with potential buyers on their mailing lists, while others may fall short. If your agent isn’t delivering on their promises, don’t hesitate to follow up and hold them accountable.
As an estate agent specialising in the Warrington property market, I ensure my clients receive a tailored marketing strategy, especially for the town’s nuances, complete transparency and ongoing updates to secure the best results.
3. Quality of Photographs
In todayโs digital first world, high quality photographs are essential. Warrington buyers scrolling through Rightmove, Zoopla and On-The-Market listings form their first impressions based on photographs. Poor or outdated photography can leave a property overlooked, especially seasonal photos (i.e., Christmas decorations or snow on the ground in summer) as they reveal how long the home has been on the market.
Consider revisiting your propertyโs photos with your agent regularly. Fresh, professional images can transform your homeโs appeal and attract more potential buyers.
4. Mortgage Challenges
Some properties in Warrington might be more complex for buyers to secure mortgages on. For example, apartments with short leases, unique construction materials, or flats above shops can raise concerns for lenders. These challenges can limit the pool of potential buyers. If your property falls into one of these categories, work with your agent to address these issues. Solutions such as extending your lease or highlighting property strengths can make your Warrington home more marketable.
5. Timing of Sale
The time of year can influence how quickly properties sell. Spring and summer typically see heightened buyer activity, while autumn and winter may present slower markets. External factors like economic uncertainty or mortgage rates can also impact buyer behaviour.
If timing isn’t ideal, a strategic marketing approach can still generate interest and results. A skilled Warrington estate agent will tailor your home to the prevailing market conditions, ensuring it reaches the right audience.
Selling Your Home in Warrington
I recognise selling your home is more than just a transactionโitโs a journey that requires expertise, preparation, and persistence. As an estate agent deeply invested in Warringtonโs property market, I pride myself on providing personalised advice and support to every client.
Whether youโre selling a detached home, a charming terrace, or a modern flat, Iโm here to guide you through the process.
If you’re considering selling your home, let’s discuss how we can achieve the best outcome for you. Send me a message or call todayโI’d be delighted to help you navigate the Warrington property market with confidence.
